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Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Recession risks are fading, business economists say, but political tensions pose threat to economy
Obama’s 2024 Confession (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Recession risks are fading, business economists say, but political tensions pose threat to economy
Obama’s 2024 Confession (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Recession risks are fading, business economists say, but political tensions pose threat to economy
Obama’s 2024 Confession (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Stock market today: World shares mostly higher after S&P 500 tops 5,000
NYSE:COO

Cooper Companies (COO) Stock Price, News & Analysis

$376.60
+2.95 (+0.79%)
(As of 02/9/2024 08:56 PM ET)
Today's Range
$370.49
$376.95
50-Day Range
$335.00
$388.02
52-Week Range
$303.74
$399.62
Volume
163,600 shs
Average Volume
236,004 shs
Market Capitalization
$18.71 billion
P/E Ratio
63.72
Dividend Yield
0.02%
Price Target
$401.30

Cooper Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
6.6% Upside
$401.30 Price Target
Short Interest
Healthy
1.47% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.72mentions of Cooper Companies in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$29.12 M Sold Last Quarter
Proj. Earnings Growth
12.23%
From $13.82 to $15.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.17 out of 5 stars

Medical Sector

186th out of 922 stocks

Ophthalmic Goods Industry

1st out of 7 stocks


COO stock logo

About Cooper Companies Stock (NYSE:COO)

The Cooper Companies, Inc., together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical. The CooperVision segment provides spherical lense, including lenses that correct near and farsightedness; and toric and multifocal lenses comprising lenses correcting vision challenges, such as astigmatism, presbyopia, and myopia in the Americas, Europe, Middle East, Africa, and Asia Pacific. The CooperSurgical segment focuses on family and women's health care, which provides fertility products and services, medical devices, and contraception, as well as cryostorage, such as cord blood and cord tissue storage to health care professionals and patients worldwide. It offers surgical and office products, including endosee endometrial imaging products, fetal pillow cephalic elevation devices for use in cesarean sections, illuminated speculum products, lone star retractor systems, loop electrosurgical excision procedure products, mara water ablation systems, paragard contraceptive IUDs, point-of-care, and uterine positioning products, as well as cryostorage, such as cord blood and cord tissue storage; fertility products and services, such as fertility consumables and equipment, donor gamete services, and genomic services, including genetic testing. The company sells its products to distributors, group purchasing organizations, eye care and health care professionals, including independent practices, corporate retailers, hospitals and clinics, and authorized resellers. The Cooper Companies, Inc. was founded in 1958 and is headquartered in San Ramon, California.

COO Stock Price History

COO Stock News Headlines

Romania truck drivers, farmers protest again as negotiations with government fail to reach agreement
Romanian truck drivers and farmers are protesting again across the country again as negotiations with the coalition government over lower taxes, higher subsidies and other demands failed to reach any agreements
Obama’s 2024 Confession
Barack Obama’s confession about the 2024 election just leaked online… In short, he’s worried Biden “could very well lose.” But before you think that means Trump will win… You should see the evidence I’ve found about an election shock that could come as soon as August 19th.
Obama’s 2024 Confession
Barack Obama’s confession about the 2024 election just leaked online… In short, he’s worried Biden “could very well lose.” But before you think that means Trump will win… You should see the evidence I’ve found about an election shock that could come as soon as August 19th.
Mr. Cooper Group Reports Fourth Quarter 2023 Results
Cooper Tire & Rubber
See More Headlines
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Company Calendar

Last Earnings
12/07/2023
Today
2/12/2024
Next Earnings (Confirmed)
2/29/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Ophthalmic goods
Sub-Industry
Health Care Supplies
CUSIP
21664840
Employees
15,000
Year Founded
1958

Price Target and Rating

Average Stock Price Target
$401.30
High Stock Price Target
$440.00
Low Stock Price Target
$343.00
Potential Upside/Downside
+6.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$294.20 million
Pretax Margin
11.49%

Debt

Sales & Book Value

Annual Sales
$3.59 billion
Cash Flow
$20.30 per share
Book Value
$152.47 per share

Miscellaneous

Free Float
48,691,000
Market Cap
$18.71 billion
Optionable
Optionable
Beta
0.94

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Should I Buy Cooper Companies Stock? COO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Cooper Companies was last updated on Tuesday, February 6, 2024 at 7:58 PM.

Pros

Here are some ways that investors could benefit from investing in The Cooper Companies, Inc.:

  • The Cooper Companies, Inc. operates in the ophthalmic goods industry, which has a growing demand for contact lenses and other eye care products.
  • The company has two segments, CooperVision and CooperSurgical, which provide a diversified product portfolio and potential for revenue growth.
  • The CooperVision segment offers a wide range of contact lenses, including lenses that correct near and farsightedness, astigmatism, presbyopia, and myopia, catering to a broad customer base.
  • The CooperSurgical segment focuses on family and women's health care, offering fertility products and services, medical devices, and contraception, which are essential in the healthcare industry.
  • The recent increase in positions by institutional investors indicates confidence in the company's future prospects.

Cons

Investors should be bearish about investing in The Cooper Companies, Inc. for these reasons:

  • The ophthalmic goods industry is highly competitive, and the company may face challenges in maintaining market share and pricing power.
  • Changes in regulations and reimbursement policies in the healthcare industry could impact the company's profitability and growth potential.
  • The company's stock price is subject to market volatility and may fluctuate based on factors such as economic conditions, industry trends, and investor sentiment.
  • The COVID-19 pandemic has created uncertainties in the healthcare sector, which could affect the demand for the company's products and services.
  • Investors should carefully consider the company's financial performance, including revenue growth, profitability, and debt levels, before making investment decisions.














COO Stock Analysis - Frequently Asked Questions

Should I buy or sell Cooper Companies stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cooper Companies in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" COO shares.
View COO analyst ratings
or view top-rated stocks.

What is Cooper Companies' stock price target for 2024?

10 analysts have issued twelve-month price objectives for Cooper Companies' shares. Their COO share price targets range from $343.00 to $440.00. On average, they anticipate the company's stock price to reach $401.30 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for COO
or view top-rated stocks among Wall Street analysts.

How have COO shares performed in 2024?

Cooper Companies' stock was trading at $378.44 on January 1st, 2024. Since then, COO stock has decreased by 0.5% and is now trading at $376.60.
View the best growth stocks for 2024 here
.

Are investors shorting Cooper Companies?

Cooper Companies saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 723,900 shares, an increase of 20.4% from the December 15th total of 601,100 shares. Based on an average daily volume of 285,800 shares, the days-to-cover ratio is presently 2.5 days.
View Cooper Companies' Short Interest
.

When is Cooper Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 29th 2024.
View our COO earnings forecast
.

How can I listen to Cooper Companies' earnings call?

Cooper Companies will be holding an earnings conference call on Thursday, February 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Cooper Companies' earnings last quarter?

The Cooper Companies, Inc. (NYSE:COO) announced its quarterly earnings data on Thursday, December, 7th. The medical device company reported $3.47 EPS for the quarter, missing analysts' consensus estimates of $3.48 by $0.01. The medical device company earned $927.10 million during the quarter, compared to analyst estimates of $924.57 million. Cooper Companies had a net margin of 8.19% and a trailing twelve-month return on equity of 8.56%. Cooper Companies's revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.75 EPS.
Read the conference call transcript
.

How often does Cooper Companies pay dividends? What is the dividend yield for Cooper Companies?

Cooper Companies announced a quarterly dividend on Wednesday, July 12th. Shareholders of record on Thursday, July 27th will be given a dividend of $0.03 per share on Friday, August 11th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date of this dividend is Wednesday, July 26th.
Read our dividend analysis for COO
.

Is Cooper Companies a good dividend stock?

Cooper Companies (NYSE:COO) pays an annual dividend of $0.06 per share and currently has a dividend yield of 0.02%. The dividend payout ratio is 1.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COO will have a dividend payout ratio of 0.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COO.

When did Cooper Companies' stock split?

Cooper Companies shares split before market open on Tuesday, February 20th 2024. The 4-1 split was announced on Tuesday, February 20th 2024. The newly minted shares will be distributed to shareholders after the market closes on Tuesday, February 20th 2024. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

What guidance has Cooper Companies issued on next quarter's earnings?

Cooper Companies issued an update on its FY 2024 earnings guidance on Monday, December, 11th. The company provided EPS guidance of 13.600-14.000 for the period, compared to the consensus EPS estimate of 14.040. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.

What is Robert S. Weiss' approval rating as Cooper Companies' CEO?

8 employees have rated Cooper Companies Chief Executive Officer Robert S. Weiss on Glassdoor.com. Robert S. Weiss has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Cooper Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cooper Companies investors own include Boeing (BA), AbbVie (ABBV), NVIDIA (NVDA), Netflix (NFLX), Johnson & Johnson (JNJ), Gilead Sciences (GILD), Intel (INTC), Alibaba Group (BABA), Intuitive Surgical (ISRG) and Mastercard (MA).

Who are Cooper Companies' major shareholders?

Cooper Companies' stock is owned by many different institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (2.01%), Massachusetts Financial Services Co. MA (1.18%), Norges Bank (1.04%), Impax Asset Management Group plc (0.86%), Handelsbanken Fonder AB (0.77%) and Boston Trust Walden Corp (0.69%). Insiders that own company stock include Agostino Ricupati, Albert G White III, Brian G Andrews, Daniel G Mcbride, Gary S Petersmeyer, Gerard H Warner III, Jody S Lindell and Robert S Weiss.
View institutional ownership trends
.

How do I buy shares of Cooper Companies?

Shares of COO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Cooper Companies have any subsidiaries?
The following companies are subsidiares of Cooper Companies: CVI Contact Lens India Pvt. Ltd., Cooper Medical Inc., CooperSurgical, CooperSurgical Holdings Ltd., CooperVision (UK) Holdings Ltd., CooperVision Australia Pty Limited, CooperVision Canada Corp., CooperVision Caribbean Corp, CooperVision Distribution SPRL, CooperVision GmbH, CooperVision Iberia SL, CooperVision International Holding Company LP, CooperVision Italia Srl, CooperVision Japan Inc., CooperVision Ltd., CooperVision Manufacturing Costa Rica SRL, CooperVision Manufacturing Limited, CooperVision Nederland B.V. Belgian Branch, CooperVision Nederland BV, CooperVision Nordic AB, CooperVision Optical Trading (Shanghai) Company Ltd., CooperVision Sarl, CooperVision Singapore Pte Ltd., CooperVision do Brasil Ltda, Coopervision, Coopervision S.A. (Pty) Limited, Invitro Genetics Inc., ORIGIO Inc, Ocular Sciences SAS, Origio A/S, Recombine Inc., Reprogenetics LLC, Research Instruments Ltd., Sauflon CL Ltd, Sauflon CL Manufacturing & Trading Kft, Sauflon Pharmaceuticals Ltd., TCC Holdings S.a.r.l., and The Cooper Companies Global Holdings LP.
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This page (NYSE:COO) was last updated on 2/12/2024 by MarketBeat.com Staff

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